Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Non-Cattle Specific Topics
Coffee Shop
Brace For A Big Jump At The Pump, Experts Say
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="TXBobcat" data-source="post: 73782" data-attributes="member: 94"><p>Anyone else here rumors of gas price hikes? The following news article taken from <a href="http://www.kwtx.com" target="_blank">http://www.kwtx.com</a></p><p></p><p>Oil prices closed above $53 a barrel for the first time in four months and experts predict you'll soon be paying as much as 25 cents more a gallon at the pump as a result.</p><p></p><p>One expert advised motorists to fill up now, before prices begin to increase.</p><p></p><p>The price spurt came even as the government's latest report showed increases in U.S. supplies of oil and gasoline. </p><p></p><p>Traders believe that the world's supply of petroleum will remain tight because of rising demand.</p><p></p><p>The surge in gasoline futures was propelled by refinery problems in Texas.</p><p></p><p>``There has been a string of refinery disruptions when we need all of our refineries to be up and running,'' John Kilduff, senior vice president of energy risk management with Fimat USA in New York told Bloomberg.com. </p><p></p><p>``There is a speculative element as well. There are too many dollars chasing too few barrels of oil.''</p></blockquote><p></p>
[QUOTE="TXBobcat, post: 73782, member: 94"] Anyone else here rumors of gas price hikes? The following news article taken from [url=http://www.kwtx.com]http://www.kwtx.com[/url] Oil prices closed above $53 a barrel for the first time in four months and experts predict you’ll soon be paying as much as 25 cents more a gallon at the pump as a result. One expert advised motorists to fill up now, before prices begin to increase. The price spurt came even as the government's latest report showed increases in U.S. supplies of oil and gasoline. Traders believe that the world's supply of petroleum will remain tight because of rising demand. The surge in gasoline futures was propelled by refinery problems in Texas. ``There has been a string of refinery disruptions when we need all of our refineries to be up and running,'' John Kilduff, senior vice president of energy risk management with Fimat USA in New York told Bloomberg.com. ``There is a speculative element as well. There are too many dollars chasing too few barrels of oil.'' [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Non-Cattle Specific Topics
Coffee Shop
Brace For A Big Jump At The Pump, Experts Say
Top